Shale

Oil Shale
Argentina to Subsidize Shale Gas Production With $5.1 Billion
Argentina will give subsidies of a total of US$5.1 billion to shale gas drillers in an attempt to revive production in its Vaca Muerta shale play and attract as…
Oil Price
Morgan Stanley Sees Oil Prices Struggling To Break Above $50
Oil prices will struggle to rise above $50 a barrel because of the technological shift in U.S. shale that has unlocked more production in recent years, and beca…
Market Analysis
Goldman Sachs: Biden Win Is Bullish For Oil
A Joe Biden win at next month’s U.S. elections will likely be an upward catalyst for oil prices because it will increase costs for the shale patch and will lik…
Oil Shale
U.S. Shale Producers Devon Energy , WPX Energy in Merger Talks
U.S. shale producer Devon Energy Corp is in talks to acquire rival WPX Energy Inc in an all-stock transaction that would create a combined company worth around…
Oil&Gas Drilling
U.S. Wants Bankrupt Offshore Drillers To Pick Up The Tab For Abandoned Wells
The U.S. Department of the Interior is proposing a regulation that will not allow oil producers to avoid picking up their offshore well decommissioning tab when…
Oil & Gas Trade
To Ensure Russia Has not Lost Market Share, Moscow to Build up Half-Finished Oil Wells
Russia believes it is extremely important to quickly regain, or even raise, its oil market share once demand recovers, as it readies to build up its fleet of un…
Oil&Gas Drilling
Oil Major Equinor Stops Drilling In U.S. Shale Patch
Norway's Equinor will not drill any more wells in the U.S. shale patch this year as it adjusts to a lower-for-longer oil price environment.
United States
High-Stakes Presidential Race Casts Cloud Over Future of US Shale
There is much at stake for the US shale oil industry in the forthcoming US presidential race. History shows us that the oil and gas industry did not prosper und…
Oil & Gas Trade
Shale Job Losses Accelerating and the Worst May be Yet to Come
Roughneck job cuts accelerated in July and the outlook may worsen as new Covid-19 cases stifle economic activity, according to the Petroleum Equipment and Servi…
Energy Investment
Tokyo Gas to Spend $657 mln in U.S. Shale, Solar Assets
Tokyo Gas will also pay up to 49 billion yen to purchase the 630 megawatts Aktina solar power project in Texas from Hecate Energy, a U.S. renewable energy devel…
United States
Another Permian Oil Producer Files For Bankruptcy
Permian oil producer Rosehill Resources said on Monday that it had filed for bankruptcy protection, becoming the latest shale casualty of the collapse in oil pr…
Oil Field
Chevron to Take over Noble’s Cyprus Gas Field
US energy giant Chevron is taking over Noble Energy for $5 bln in an all-share deal, boosting its shale gas assets at home.
Crude Oil
How the Fed Bailed Out U.S. Oil And Gas
he Trump administration has taken dozens of actions during the Covid-19 pandemic to benefit the oil and gas industry.
Oil Shale
America:Chesapeake Files for Bankruptcy Protection
Chesapeake Energy, the once-mighty natural gas producer, filed for bankruptcy protection today.
Oil Shale
30% Of U.S. Shale Drillers Could Go Under
U.S. shale was one of the big losers of the Saudi-Russian price war that many saw as a war on U.S. shale. Producers scrambled to stay afloat as prices sank back…

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Shale

Argentina to Subsidize Shale Gas Production With $5.1 Billion

Morgan Stanley Sees Oil Prices Struggling To Break Above $50

Goldman Sachs: Biden Win Is Bullish For Oil

U.S. Shale Producers Devon Energy , WPX Energy in Merger Talks

U.S. Wants Bankrupt Offshore Drillers To Pick Up The Tab For Abandoned Wells

To Ensure Russia Has not Lost Market Share, Moscow to Build up Half-Finished Oil Wells

Oil Major Equinor Stops Drilling In U.S. Shale Patch

High-Stakes Presidential Race Casts Cloud Over Future of US Shale

Shale Job Losses Accelerating and the Worst May be Yet to Come

Tokyo Gas to Spend $657 mln in U.S. Shale, Solar Assets

Another Permian Oil Producer Files For Bankruptcy

Chevron to Take over Noble’s Cyprus Gas Field

How the Fed Bailed Out U.S. Oil And Gas

America:Chesapeake Files for Bankruptcy Protection

30% Of U.S. Shale Drillers Could Go Under